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People who say it cannot be done should not interrupt those who are doing it. Welcome to From On High.

Monday, June 18, 2012

Romney Makes Sense

It has for years been bewildering how the brokest nation on the planet can send billions of dollars overseas to keep other governments from going broke.

But there's Obama ...

And there was Bush ...

Back to Truman and beyond ...

Well, Mitt Romney says (key word being "says") he'll have none of it:

US won't send checks to Europe: Romney
Associated Press

The United States will not bail out European countries if the eurozone economy falls apart under a spiraling debt crisis, Republican White House hopeful Mitt Romney said Sunday.

"We're not going to send checks to Europe. We're not going to bail out the European banks. We're going to be poised here to support our economy," Romney told CBS television's "Face the Nation" program.

He expressed hope that "regardless of what happens in Europe, that our banking sector is able to weather the storm," noting that US banks are on a "much stronger basis" than during the last crisis.

"I wish that over the last three and a half years that the president would have taken action to rebuild the basis of our economy... get it on such a strong footing that the challenges in Europe if they occur wouldn't have as significant impact as they might otherwise," he said.

"But right now, we're dealing with 23 million people out of work or stopped looking for work or underemployed, homes are still bumping along the bottom, foreclosures are (at) very high levels, median incomes are way down; the president's frankly made it harder for our economy to reboot." [link]

I hope he's faithful to his pledge.

Starting with two wars and a Marshall Plan, we've been bailing Europe out for decades.